Carnival

Carnival says aggressive fuel-efficiency measures, not hedging, are its primary defense against surging oil prices and reports a record net income of $1.9 billion in Q3. The company has reduced unit fuel consumption by 26% since 2019, estimating about $700 million in savings for 2026, while projecting higher fuel costs in Q4. Rivals Royal Caribbean and Norwegian rely more on hedging to manage fuel-price volatility but also expect rising fuel expenses into the holiday season. » More on cnbc.com

Carnival reported record third-quarter revenue of $8.44 billion and adjusted earnings per share of $1.43, beating expectations, while adjusted EBITDA stagnated due to higher fuel costs. Management under CEO Josh Weinstein slightly raised the fiscal-year outlook, reported record booking intake and announced buybacks and early bond repayments, which drove debt significantly lower and led S&P to raise the rating to investment grade. Analysts expect moderate revenue and EBITDA growth for 2026/27; risks remain high fuel prices and possible interest-rate hikes that could weigh on booking behavior and margins. » More on finanzen.net

Carnival beat expectations in the 3rd quarter of 2026 with revenue of $8.43 billion and earnings per share of $1.43. The company also recorded an all-time high in customer deposits and record bookings for 2027, despite high oil prices. Subsidiary Princess Cruises introduced the first native app integration in ChatGPT among cruise lines. » More on finanzen.net

Carnival reported record revenue of $6.7 billion and a net profit of $537 million (adjusted $569 million) in Q2 2026. Adjusted EBITDA rose to $1.6 billion, customer deposits reached a record $9 billion, and 93 percent of capacity for the current fiscal year is sold. The company is using higher cash flow to reduce debt and interest costs, has resumed dividend payments and launched share buybacks, but remains exposed to fuel price increases and geopolitical risks. The stock will hinge on how quickly Carnival converts higher pricing, full occupancy and rising cash flow into further debt reduction and rising profits. » More on finanzen.net

Meyer Werft in Papenburg is building the 344-meter-long cruise ship “Carnival Tropicale” for Carnival Cruise Line. The ship will accommodate more than 6,400 passengers, is powered by LNG engines, features a water park with six slides and a Route 66 mini-golf course. The “Carnival Tropicale” is scheduled to sail from Texas to the Caribbean, the Bahamas and Mexico from April 2028 and is the fifth and final ship of the Excel class; two ships of the class were also built or are under construction in Papenburg. » More on manager-magazin.de